Robert W. Baird analyst Timothy Wojs maintained a Buy rating on The Toro Company (NYSE:TTC) on Tuesday, setting a price target of $108, which is approximately 5.13% above the present share price of $102.73.
Wojs expects The Toro Company to post earnings per share (EPS) of $0.67 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in The Toro Company, with an average price target of $105.
The analysts price targets range from a high of $108 to a low of $102.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $840.96 million and a net profit of $93.48 million. The company's market cap is $11.1 billion.
According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 58.42% success rate.
The Toro Co. designs, manufactures, and markets a range of turf equipment. It operates through the following segments: Professional and Residential. The Professional segment consists of turf & landscape equipment; rental, specialty, and underground construction equipment; snow & ice management equipment; and irrigation products. The Residential segment consists of walk power mowers, riding mowers, snow throwers, replacement parts, and home solutions products, including trimmers, blowers, blower-vacuums, and underground, hose, and hose-end retail irrigation products sold in Australia and New Zealand. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914 and is headquartered in Bloomington, MN.